05/01/2015

Finance House net profit drops 28% in Q1

Total operating income declined 11.85 per cent year-on-year at Dh79.35 million in the January-March period down against Dh91.20 million for the same period last year.

04/30/2015

Bank upbeat over growth

National Bank of Abu Dhabi expects growth in its operating expenses to moderate in the remainder of 2015, says its chief financial officer, after surging by 29 per cent in the first quarter.

04/30/2015

Arab Banking Corp Q1 profit hits $52m

Bahrain-based Arab Banking Corporation announced today (April 30) that its consolidated Group net profit for the first quarter (Q1) of 2015 was $52 million

04/29/2015

Al Baraka to distribute dividends

Al Baraka Banking Group has announced it will start distributing $32.8 million cash dividends for last year to shareholders from today

04/29/2015

M1 up by 1.6% at end-February

The Money Supply aggregate M2 also increased by 1.3 per cent, from Dh1,176.1 billion at the end of February to Dh 1,191.9 billion at the end of March 2015